HUDA begins survey of green covers

Written by Jayanta Monday, 30 December 2013

( 0 Votes )GURGAON: The Haryana Urban Development Authority (HUDA) last week initiated a survey to exact the status of green covers in their areas, which will help formulate a comprehensive green policy and track encroachments of greenbelts. The authority has also engaged private contractors to plant new trees on road dividers in all sectors. Preliminary...

NRIs look to Gurgaon flats for bumper returns

Written by Jayanta Thursday, 26 December 2013

( 0 Votes )GURGAON: If you get to choose between buying a beach house in Florida and an apartment in Gurgaon, what would you prefer? While the great American dream may seem like obvious choice to many, the dollar-rich expatriates think other way around. The reasons are quite simple – higher rate of appreciation, better periodical returns on investment...

RWAs threaten dharna over land ownership

Written by Jayanta Wednesday, 25 December 2013

( 0 Votes )NOIDA: The federation of RWAs has threatened to go on an indefinite dharna for pushing forth their long-standing demand to convert land ownership in the city from ‘leasehold’ to ‘freehold’. The Federation of Noida RWAs (FONRWA), which claims to have support of numerous social organizations, has set January 15 as the date to...

Realty prices may come down by up to 20% if corruption is reined in: HDFC chief Deepak Parekh

Written by Jayanta Wednesday, 25 December 2013

( 0 Votes )MUMBAI: Rooting out corruption could help lower home prices by as much as 20%, said Deepak Parekh, chairman of Housing Development Finance Corp, India’s biggest mortgage lender, putting the blame for graft in the system on errant bureaucrats and faulty policies. “Corruption is rampant in the sector. There is multiplicity of approvals...